1 friendly country to invest 20 billion dollars in Pakistan: Mossadegh Malik

Minister of State for Petroleum Mossadegh Malik – file photo

Minister of State for Petroleum Mossadegh Malik has said that 1 Dost Malik has said that he will make an additional investment of 20 billion dollars in Pakistan.

He says that we will definitely go to the IMF program whenever we get it, we have fulfilled all the conditions of the IMF.

“The important aspect of Plan B is that the two countries have given assurances.”

Minister of State Mossadegh Malik has said that the Plan B mentioned has been presented yesterday, the important aspect of which is that the two countries have given assurance.

He said that 1 of these 2 countries will fund 25 billion dollars for Pakistan, 1 country of GCC has said that it will invest 20 billion dollars in Pakistan.

Minister of State for Petroleum Mossadegh Malik has said that they are trying to get the investment agreement of 12, 14 billion dollars done in one and a half to two months.

“People don’t invest because of political and economic instability.”

Regarding the non-receipt of bids for LNG cargoes, Mossadegh Malik said that it has happened several times that we make tender offers and bids do not come, this is not the first time.

He says that due to political and economic instability, people do not invest, Azerbaijan will give us 1 gas cargo per month.

“Our choice is to take LNG cargo from Azerbaijan or not.”

Minister of State Mossadegh Malik said that it is our will whether we take this cargo from Azerbaijan this month or not, this year we will have 9 to 10 LNG cargoes.

He said that we have facilities for 12 LNG cargoes, 9 to 10 cargoes will come from long-term contracts, one will come from Azerbaijan.

“SSGC has been told to fix the infrastructure in Karachi.”

Mossadegh Malik says that the problem of gas is in the whole country, there is also a problem of infrastructure in some areas of Karachi, he has asked the SSGC to fix the infrastructure in Karachi.

“Chairman’s Senate Salary Bill Is Stupid”

He further said that the Chairman Senate Salary Bill is absolutely stupid, is it a joke? If I were in the session, I would strongly oppose this bill.

Minister of State for Petroleum Mossadegh Malik said that I do not understand the Senate Salary Bill at all, this bill is not appropriate, at this time all the ministers are working without salary, I think the Senate Salary Bill will fail.

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